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Dharmaj Crop Guard IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 251.15 Cr. The company is based in Ahmedabad and caters to Agro sector. Monarch Networth Capital , Elara Capital (India) are the merchant bankers of Dharmaj Crop Guard IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th January 2022.
Dharmaj Crop Guard IPO posted revenues of ₹ 663.51 crores and PAT of ₹ 55.08 crores in FY23 on annualised basis.
Revenue:
₹ 663.51 Cr.
EBITDA Margin:
12.14
% 
Net Worth: ₹ 101.17 Cr.
Market Capitalisation:
₹ 18.36 Cr.
P/E:
14.55 times
P/BV: 0.05 times
EV/EBITDA: 0.86 times
Financial results of Dharmaj Crop Guard IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jul-22 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 305.76 | 219.54 | 128.87 | 92.58 | |
| Net Worth | 101.17 | 82.82 | 56.14 | 35.22 | |
| Total Debt | 51.56 | 36.93 | 26.92 | 20.18 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
221.17
663.51 |
396.29 | 303.56 | 199.16 | |
EBITDA
EBITDA on annualised basis |
26.85
80.55 |
46.19 | 32.03 | 18.57 | |
PAT
PAT on annualised basis |
18.35
55.05 |
28.69 | 20.96 | 10.75 | |
Dharmaj Crop Guard IPO PAT Margin is 8.30 % , ROCE (Return on Capital Employed) is 15.96 % as per latest financial. The below table shows Dharmaj Crop Guard IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jul-22 | FY22 | FY21 | FY20 |
|---|---|---|---|---|
| EBITDA Margin (%) | 12.14 | 11.66 | 10.55 | 9.32 |
| PAT Margin (%) | 8.30 | 7.24 | 6.90 | 5.40 |
| EPS (₹) | 7.44 | 11.62 | 8.49 | 5.75 |
| ROE (%) | 18.14 | 34.64 | 37.34 | 30.52 |
| ROCE (%) | 15.96 | 32.87 | 34.50 | 28.76 |
| ROA (%) | 6.00 | 13.07 | 16.26 | 11.61 |
| Debt to Equity | 0.51 | 0.45 | 0.48 | 0.57 |
The market Capitalisation of Dharmaj Crop Guard IPO is ₹ 18.36 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Dharmaj Crop Guard IPO prospectus highlights an Return on Equity (ROE) of 18.14 % , Return on Assets (ROA) of 6.00 %, and an EBITDA Margin of 12.14 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Dharmaj Crop Guard IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Dharmaj Crop Guard IPO is ₹ 18.36 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Dharmaj Crop Guard IPO has a Price-to-Earnings (PE) ratio of 14.55 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Dharmaj Crop Guard IPO reported revenue of ₹ 663.51 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Dharmaj Crop Guard IPO provide insights into sales growth, market demand, and business scalability.
Dharmaj Crop Guard recorded an EBITDA of ₹ 80.55 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Dharmaj Crop Guard Profit After Tax (PAT) is ₹ 55.05 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 663.51 Cr.
EBITDA Margin:
12.14
%
Net Worth: ₹ 101.17 Cr.
Market Capitalisation:
₹ 18.36 Cr.
P/E:
14.55 times
P/BV: 0.05 times
EV/EBITDA: 0.86 times
Dharmaj Crop Guard operates in Agro and Agrochemicals Having B2C And B2B Customers. The Issue is listed on BSE,NSE in Dec, 2022. Dharmaj Crop Guard IPO size was 251.15 with Issue price of 237.00 .
Merchant Banker(s) of Dharmaj Crop Guard IPO: Monarch Networth Capital Limited , Elara Capital (India) Private Limited
Dharmaj Crop Guard IPO subscription was 35.49 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Dharmaj Crop Guard IPO listed at a listing price of 266.40 against the offer price of 237.00.
The current market price of Dharmaj Crop Guard is 329.66.
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